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Mar 29

TECHNICAL ANALYSIS BY NSFX 29.03.2015

By:

High:  Low: 

The pair could not close above 1.4964 and might test again its 2015 low at 1.4633. In case GbpUsd will make a rally the nearest target should be 1.5321 and then the 2015 top at 1.556.  Below 1.4633 the rate can test 1.42 then 1.4. The ATR ( average true range) still at it 2 year high, and when it will decrease should arise trend following trading opportunities.

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